Newton Multi-Asset Balanced Fund Sterling Income Shares

Buy/Sell Price  (as of 28/10/2016) £1.9607   Day Change :  0.33%     Fund Code:  NWBAL 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo


Matthew Brown develops and operates all portfolio management, risk management and trade execution software for MSR. He collaborates with Mr. Rulle on the development of the Quantitative Directional Trading Program, and builds all systems under the strict discipline of the firms philosophy regarding statistical testing and the scientific method. Mr. Brown has over 20 years of experience in the financial industry. He developed trading systems for fixed income arbitrage while working with Mr. Rulle at Graham Capital Management. Prior to Graham, Mr. Brown managed a fixed income arbitrage team at hedge fund Hamilton Partners, and answered to Mr. Rulle there as well. Prior to teaming up with Mr. Rulle for the first time, Mr. Brown was the Chief Trader at Banco Central Hispano, USA.


Iain joined Newton in 1985 as a portfolio manager after completing his Doctorate with the Ministry of Agriculture, Fisheries and Food. Iain is a senior member of our Strategy Team with particular responsibility for co-ordinating the development of our global investment themes. He has worked for Newton for 20 years and during this time has specialised in managing multi-asset and global equity mandates for pension fund clients. Since 1992 he has been the manager of the Newton Exempt Fund.
Investment HouseNewton
Fund ProviderBNY Mellon Fund Managers Limited
ManagerMatthew Brown   Biography
ManagerIain Stewart   Biography

Fund Objective The objective of the Sub-Fund is to achieve a balance between capital growth and income predominantly from a portfolio of UK and international securities.The policy of the Sub-Fund is to gain exposure to a range of asset classes including, without limitation, equities, fixed income, property, commodities, cash, near cash and deposits. Exposure to these asset classes will be achieved through investment in transferable securities, approved money market instruments, warrants, derivative instruments, forward transactions and collective investment schemes. To the extent the Sub-Fund gains exposure to property or commodities, such exposure may be through exchange listed securities and/or collective investment schemes.Derivatives may be used for investment purposes as well as for efficient portfolio management.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £1.99
12-Month NAV Low £1.62
Fund Comparative IndexIA Mixed Invest 40 - 85% Shares
Morningstar CategoryTMGBP Aggressive Allocation
Dividend FrequencyTwice Yearly
Historic Yield1.96%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall4 star
3 Years3 star
5 Years2 star
10 Years5 star

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  28/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.